![]() ![]() ![]() ![]() ![]() ![]() |
||
Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Professor about property value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Canceling Private Mortgage Insurance (2)
January 22, 2001 "I was told that under Federal legislation passed in 1999, private mortgage insurance is cancelled automatically at some point -- borrowers don?t have to do anything. Is that right." Yes. Under one provision of that law, lenders are required to ... more... Pros and Cons: Mortgage Insurance Versus Higher Rate December 6, 1999 "We have a 5 percent down payment and our lender has offered us a Tax Advantage Mortgage Insurance plan instead of conventional private mortgage insurance (PMI). Instead of paying a mortgage insurance ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property value related definitions |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loan To Value Ratio
Loan To Value Ratio Loan To Value, LTV. This is the size of the loan or mortgage as a percentage of the value of the property or price being paid for the property, eg a property valued at $120,000 with a mortgage of $108,000 would have an LTV of 90%. Loans with an LTV over ... more... Market Value Market Value The highest price that a buyer would pay and the lowest price a seller would accept on a property. Market value is the most probable price which a property should bring in under normal market conditions and may be different from the price a property could actually be ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
More about property value Getting Raw Land, Not a Raw Deal! Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home Investment Property: Part 1 First Time Home Buyers - Get Your Top 5 Mortgage Questions Answered Here! What is Tax-Deferred Exchange? Creative Real Estate Investing - Put Away Your Paint Brushes Getting Your First Home Mortgage Loan Mortgage Loan Closing Costs Many Ways To Make Money In Real Estate! Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|